Technology | Apple iPad Rumor: Apple Plans Smaller, Cheaper Version Company has sold 450K devices so far By John Johnson Posted Apr 8, 2010 3:26 PM CDT Copied A customer uses an Apple iPad. (AP Photo/Paul Sakuma) Two developments today for iPad devotees: Apple is rumored to be working on a 5- to 7-inch version for early 2011, reports DigiTimes. The smaller iPad would reportedly sell for under $400, with customers who need it more for reading than typing as the main target. Apple has sold 450,000 iPads since they went on sale Saturday, lower than some leading industry analysts had forecast, reports VentureBeat. More than 3.5 million apps have been downloaded. Read These Next Beyonce leaves national anthem unfinished. A space capsule carrying ashes of 160 people crashed in the ocean. A lesson in minding your own business ... at 30,000 feet. The death toll in the Texas floods has risen to 27, including 9 kids. Report an error